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Dec 3, 2012
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how much is blamed on sandy when it shouldn't? >> everything blamed on sandy. that's going to work for a while. once you dig into the details, wait a minute, this isn't all sandy. because the east coast is a very big part of the -- >> obviously oh, yes. >> the economy. >> everybody who has gone through sandy. >> chicago is a big part, texas, california, they weren't affected directly by sandy. so that will come back much quicker if it's going to come back. that's where you have to look, to see what the trend was beforehand. >> okay. now europe. you know, there was a little bit of a -- a confusion this morning when spain asked for a bailout. they're talking bank bailout, country bailout, new program. rates are down. i've seen many stories, if this is really going to be a positive rates being down, we have to really draw in more global investors. do you think that will happen ultimately? >> ultimately, i do think it will. any time europe gets pushed to the background, i'm kind of pleased. as long as their banking system isn't going to affect ours, i think we can
how much is blamed on sandy when it shouldn't? >> everything blamed on sandy. that's going to work for a while. once you dig into the details, wait a minute, this isn't all sandy. because the east coast is a very big part of the -- >> obviously oh, yes. >> the economy. >> everybody who has gone through sandy. >> chicago is a big part, texas, california, they weren't affected directly by sandy. so that will come back much quicker if it's going to come back. that's...
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Dec 7, 2012
12/12
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you had sandy. i mean, it may be -- the journal argued it's the least important jobs number in five years. >> i saw that. i do think one thing we can certainly say given that china seems to be stabilizing a bit, we can all discuss europe. greek situation. maybe it's off the front pages for a while. and so if we assume that the jobs picture in the u.s. is not bad, let's assume not bad, it puts even more of a focus on the fiscal cliff negotiations because it becomes even more binding one would assume in terms of good or bad for the market, for the economy. >> kernen had a good point. does strength mean the economy could handle a cliff or is it so good you wouldn't want to tamper -- >> if i wanted to create a recession, what would i do? i would raise everybody's rates. i would cut the unemployment benefit. just trying to think of a theory of how i could cause a recession. i would cut back government spending quickly. >> i would raise interest rates to 20%. >> bernanke ought to join the -- look, i think
you had sandy. i mean, it may be -- the journal argued it's the least important jobs number in five years. >> i saw that. i do think one thing we can certainly say given that china seems to be stabilizing a bit, we can all discuss europe. greek situation. maybe it's off the front pages for a while. and so if we assume that the jobs picture in the u.s. is not bad, let's assume not bad, it puts even more of a focus on the fiscal cliff negotiations because it becomes even more binding one...
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Dec 17, 2012
12/12
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minimal impact from hurricane sandy. so they upgraded the airline stocks today. the coal stocks up, too, on talk over in barron's that coal would be in much higher demand over in china. guys, back to you. >> thank you, bob. >> let's go over to the bonds and dollars. how are you? >> good morning, jim. well, interest rates, once again, have trickled a bit higher. if you look at it in the context where we've been, basically held the bottom of the range. the pivot, 1.60. we talked quite a bit about how 160 was an important level. we have built on that as we've distanced ourselves, a dozen bases points above it. it's fascinating to look back towards europe. many hedge funds forsaking some of their short positions on the french fixed income market. and so their rates are moving a bit lower, as that buying comes in. but look at how the boon has such a different pattern. still a lot of anxieties in the european sector. there's going to be a lot of protests in spain, for example, today. foreign exchange, if we look at the dollar/yen, we look how quantitative easing is goi
minimal impact from hurricane sandy. so they upgraded the airline stocks today. the coal stocks up, too, on talk over in barron's that coal would be in much higher demand over in china. guys, back to you. >> thank you, bob. >> let's go over to the bonds and dollars. how are you? >> good morning, jim. well, interest rates, once again, have trickled a bit higher. if you look at it in the context where we've been, basically held the bottom of the range. the pivot, 1.60. we talked...
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Dec 11, 2012
12/12
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as for hurricane sandy, very minimal impact. finally, delta and southwest are hosting an investor day conference this week. a lot of people are expecting some fairly optimistic commentary from them. the airlines, business bookings are looking pretty good. add airlines to housing as well as what's going on with autos as industries that are showing some signs of improvement right now. >> absolutely. you mentioned boehner speaking at the top of the hour. in the past few moments the obama 2012 campaign staff has tweeted the following. if your taxes go up, republicans will have made a conscious choice to let that happen. we have no way of knowing if this is somehow related to what the speaker may say in 20 minutes' time. might just be yet another echo of an existing talking point. that's going to be one more tea leaf to read in the next half hour. >>> when we come back, delta air lines buying a 49% stake in virgin atlantic today. we'll talk to the ceo about the deal and what it means for the airline's future after the break. again? i
as for hurricane sandy, very minimal impact. finally, delta and southwest are hosting an investor day conference this week. a lot of people are expecting some fairly optimistic commentary from them. the airlines, business bookings are looking pretty good. add airlines to housing as well as what's going on with autos as industries that are showing some signs of improvement right now. >> absolutely. you mentioned boehner speaking at the top of the hour. in the past few moments the obama...
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Dec 27, 2012
12/12
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you have sandy. the weather hasn't been cooperating. so, there's some real consumer downturn as well. >> and what are you able to tell us about the decisions that your clients are making with you? you are trading leases all the time, presumably, all the big, high-street names. is there optimism? what are the leases you are signing at the moment, higher than lower than perhaps we had six months or a year ago? >> the national retailers continue to be very optimistic about the next couple of years. we are in a recovery, not with sa standing that the fiscal cliff. i think most of the national retailers continue to be optimistic about where they are going the next couple of years. lots of leases are being signed. store counts are being expanded. the retailers, in general, have stronger balance sheets and they are ready to grow again. hopefully, this will be just a temporary pause in terms of the fiscal situation. >> hey, david, i'm curious you when we are sitting here and just after the christmas holiday, what data point do you look to give
you have sandy. the weather hasn't been cooperating. so, there's some real consumer downturn as well. >> and what are you able to tell us about the decisions that your clients are making with you? you are trading leases all the time, presumably, all the big, high-street names. is there optimism? what are the leases you are signing at the moment, higher than lower than perhaps we had six months or a year ago? >> the national retailers continue to be very optimistic about the next...
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Dec 18, 2012
12/12
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the company saying as a result of the sandy hook tragedy, which they call a watershed event, that has raised the national debate on gun control at an unprecedented level, they have determined to engage in a process to a southern investment to freedom group. largest manufacturer of guns in the country. 15% of sales roughly to walmart, and about 3,000 employees, $237 million in sales as of the third quarter that ended september. just to put it in perspective for our viewers. >> that leads you to wonder what happens to some of the retailers that sell the guns, like a cabela's. cabela's results this past year seem to have been improving thanks in part to the rising gun sales. the gun manufacturers, the stocks really took off particularly after the elections. there was a notion that because obama was reelected, there would be tighter gun control regulations, and so there are a lot of people who went into the market, applied for guns, bought guns, and that really helped these stocks. but since the tragedy, the stocks have been off. you wonder whether or not investors are really questioning
the company saying as a result of the sandy hook tragedy, which they call a watershed event, that has raised the national debate on gun control at an unprecedented level, they have determined to engage in a process to a southern investment to freedom group. largest manufacturer of guns in the country. 15% of sales roughly to walmart, and about 3,000 employees, $237 million in sales as of the third quarter that ended september. just to put it in perspective for our viewers. >> that leads...
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Dec 21, 2012
12/12
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but what if -- what if when adam lanza started shooting his way into sandy hook elementary school last friday he'd been confronted by qualified, armed security? will you at least admit it's possible that 26 little kids -- that 26 innocent lives might have been spared that day? is it so abhorrent to you that you'd rather continue to risk the alternative? the press and the political class here in washington, d.c. so consumed by fear and hatred of the nra and american gun owners that you're willing to accept a world where real resistance to evil monsters is alone, unarmed, school principal left to surrender her life, her life, to shield those children in her care? no one regardless of personal political prejudice has the right to impose that sacrifice. ladies and gentlemen, there is no national one side fits all solution to protecting our children. but do know this president zeroed out school emergency planning grants in last year's budget and scrapped secure our schools policing grants in next year's budget. with all the foreign aid the united states does, with all the money in the feder
but what if -- what if when adam lanza started shooting his way into sandy hook elementary school last friday he'd been confronted by qualified, armed security? will you at least admit it's possible that 26 little kids -- that 26 innocent lives might have been spared that day? is it so abhorrent to you that you'd rather continue to risk the alternative? the press and the political class here in washington, d.c. so consumed by fear and hatred of the nra and american gun owners that you're...
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Dec 13, 2012
12/12
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it really back -- sandy seems to not knocked out the economy. it is 'cause of companies like this okay? and eog can only be stopped, our companies can only be stopped by hiring by one group of people, the people in washington, because this bountiful fracing technology story, which i know the sierra club may not be in favor of, if you want to hire people this industry is higher, he is building rails all over, he is building a rail down to here, putting real people to work, that's why the claims are not bad but without a deal, these executives, behind scenes, they will tell you. this doesn't matter, without a deal. >> oil more than natural gas but all know natural gas is also fueling employment increases as a result of some manufacturing. not that much. fertilizer. chemicals. >> chemical industry. this is one of those things were i think there's so much spending that could be on hold by corporations, simply because the government won't cut spending. so i bring up eog as the par crime dime of our new american society, not apple bringing -- doing --
it really back -- sandy seems to not knocked out the economy. it is 'cause of companies like this okay? and eog can only be stopped, our companies can only be stopped by hiring by one group of people, the people in washington, because this bountiful fracing technology story, which i know the sierra club may not be in favor of, if you want to hire people this industry is higher, he is building rails all over, he is building a rail down to here, putting real people to work, that's why the claims...
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Dec 12, 2012
12/12
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positive mentions at citi, saying the checks in october didn't have negative impacts from hurricane sandy. in fact, their sales could be double digits to the upside for that month. the stock up about 25% year-to-date. melissa, back to you. >> thank you very much, brian. coming up next, former chair of the economic advisers. glen hubbard joins us from new york city. hear why he says the fiscal cliff debate may not be about economics. >> the former governor of michigan will be here with his latest read on ceo sentiment. and how he feels about michigan now becoming a right-to-work state. more from the street when we come back. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. monarch of ma
positive mentions at citi, saying the checks in october didn't have negative impacts from hurricane sandy. in fact, their sales could be double digits to the upside for that month. the stock up about 25% year-to-date. melissa, back to you. >> thank you very much, brian. coming up next, former chair of the economic advisers. glen hubbard joins us from new york city. hear why he says the fiscal cliff debate may not be about economics. >> the former governor of michigan will be here...
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Dec 28, 2012
12/12
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we've got a bump from sandy. so if we could just fix that up, i think we'll be okay. >> what do you think is the market reaction if we come, you know, in on monday, and there's some sort of a mini deal? what does that do to us? >> listen, i think we'll be okay here. the first and second quarter of next year are going to be okay, cliff or not. they're going to get something together. it may be sort of a sloppy deal, just, you know, a small deal, that lead us into more negotiations -- >> but is the event a mini deal or is the mini deal a grand bargain? >> they'll come up with a mini deal. it's taken them this long to get here. how can we anticipate they'll get significant done. they'll get some sort of stopgap measure done and we'll see a little bit of stability. stop seeing all the negativity that's surrounding us. we're dead red here. >> gordon, if you recall that 2008 period, the market was going 400, 500, 600, a 60-point drop in the heat of the crisis. why is the equity market being relatively stable to that co
we've got a bump from sandy. so if we could just fix that up, i think we'll be okay. >> what do you think is the market reaction if we come, you know, in on monday, and there's some sort of a mini deal? what does that do to us? >> listen, i think we'll be okay here. the first and second quarter of next year are going to be okay, cliff or not. they're going to get something together. it may be sort of a sloppy deal, just, you know, a small deal, that lead us into more negotiations --...
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Dec 14, 2012
12/12
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the airline says holiday bookings look strong but it estimates a cost of superstorm sandy at 15 to 20 million in operating profits for this quarter. they also planned a 300 head count reduction through attrition they say. back to you. >> all right. thank you so much. house speaker boehner met with the president at the white house for almost an hour last night but there was no immediate sign of progress in resolving the fiscal cliff deadlock. earlier in the day both sides criticized each other for a lack of progress. this was the speaker yesterday. >> republicans must solve this problem by getting the spending line down. the president wants to pretend the spending isn't the problem. that's why we don't have an agreement. >> we're joined this morning by a republican member of the house budget committee congressman mick mulvany of south carolina. congressman, good morning to you. >> hey, guys. thanks for having me. >> it's been quite a week as we watch the progress or lack of progress in these talks and now so much of the attention is being paid to the house republicans and those that ag
the airline says holiday bookings look strong but it estimates a cost of superstorm sandy at 15 to 20 million in operating profits for this quarter. they also planned a 300 head count reduction through attrition they say. back to you. >> all right. thank you so much. house speaker boehner met with the president at the white house for almost an hour last night but there was no immediate sign of progress in resolving the fiscal cliff deadlock. earlier in the day both sides criticized each...